News

BSP Governor Espenilla to take 2-week medical leave

ABS-CBN News
Posted at Sep 18 04:40 PM

Espenilla said Deputy Governor Chuchi Fonacier would be in charge of the BSP during his absence from Sept. 19 to Oct. 2. Read more »

Espenilla: Storm disruptions to agriculture 'short-lived, localized'

ABS-CBN News
Updated as of Sep 18 08:26 AM

Espenilla said the BSP would review its inflation targets "once more information is available." Imports compensating for damage will also be considered, he said. Read more »

Tiwala ng mga Pinoy sa ekonomiya ng bansa, bumaba

ABS-CBN News
Posted at Sep 12 02:14 AM

Bumaba ang kumpiyansa ng mga Pilipino sa ekonomiya, ayon sa Consumer Expectations Survey ng Bangko Sentral ng Pilipinas. Read more »

Publiko, binalaan kontra 'robocall' modus

ABS-CBN News
Updated as of Sep 18 08:28 PM

Binalaan ng mga awtoridad ang publiko laban sa modus kung saan tinatawagan sa telepono ang biktima at tinatakot upang magbigay ng personal na impormasyong maaaring gamitin sa ilegal na gawain.   Read more »

Consumer confidence drops to lowest level under Duterte admin

ABS-CBN News
Posted at Sep 07 11:25 PM

The Bangko Sentral ng Pilipinas moves to calm foreign exchange jitters and inflation concerns as consumer confidence falls to its lowest level under the Duterte administration. Read more »

Pamilya ng OFW, umaaray na rin sa pagdausdos ng piso

ABS-CBN News
Posted at Sep 07 08:42 PM

Patuloy ang paghina ng halaga ng piso kontra dolyar at maging ang mga sektor na dapat nakikinabang sa paglakas ng foreign currencies ay dumadaing pa rin. Read more »

Philippines a 'solid' choice for foreign investors: Bangko Sentral

ABS-CBN News
Posted at Aug 30 09:12 AM

The average fund weight of emerging market investors on the Philippines fell to 0.87 percent, the lowest since 2011, the Financial Times reported, citing Copley Fund Research, which analyzed 180 emerging market funds. Read more »

BSP: Inflation will peak by Q3 2018

ABS-CBN News
Posted at Aug 28 11:39 PM

Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. is standing by the central bank's outlook inflation will peak by the third quarter this year. Read more »

Bangkok on a budget: 7 ways to save on your Thailand holiday

Aneth Lim
Posted at Aug 25 10:27 AM

Whether you choose to stay in Bangkok or venture North or South, there is something sure to appeal and here are 7 tips to help you stretch your hard-earned peso as you go exploring. Read more »

Digital 'highway' to accelerate financial inclusion: Espenilla

Cathy Yang, ABS-CBN News
Updated as of Aug 25 10:17 AM

The Bangko Sentral ng Pilipinas is working to bring financial services closer to more Filipinos, especially to those on the countryside. Read more »

Economy 'not overheating' as inflation seen returning to target: Espenilla

Cathy Yang, ABS-CBN News
Updated as of Aug 24 03:58 PM

Bangko Sentral ng Pilipinas Governor Nestor Espenilla speaks exclusively to ANC's The Boss. Read more »

SC junks Banco Filipino bid for P25-billion aid from Bangko Sentral

Ina Reformina, ABS-CBN News
Posted at Aug 15 06:19 PM

MANILA- Banco Filipino Savings and Mortgage Bank has failed in its bid to ask the Supreme Court (SC) to reverse a Court of Appeals (CA) ruling that prevented the now-closed bank from receiving P25-billion in financial assistance from the Bangko Sentral ng Pilipinas (BSP).  Read more »

PH shares pare losses from disappointing Q2 GDP growth

ABS-CBN News
Posted at Aug 09 11:44 PM

Before the Bangko Sentral ng Pilipinas' decision came out, Philippine shares ended flat, capping a day that saw it waver between sharp gains and losses, amid the release of the disappointing GDP growth figures. Read more »

Bangko Sentral pulls trigger on highest rate hike in 10 years

ABS-CBN News
Updated as of Aug 09 05:49 PM

The highest increase in 10 years brought the overnight borrowing rate to 4 percent. It was also the third straight hike this year. The BSP raised rates twice by 25-basis point increments. Read more »

Stakeholders expect BSP rate hike

ABS-CBN News
Posted at Aug 09 01:38 AM

Investors brace for a big day on Thursday as the second quarter GDP data gets released in the morning, while the Bangko Sentral ng Pilipinas is widely expected to raise rates in the afternoon. Read more »

PH shares fall back to 7,700 amid rising inflation

ABS-CBN News
Updated as of Aug 08 04:31 AM

The Philippine Stock Exchange index underperformed its regional peers as inflation continued to heat up in July.  Read more »

Inflation muling sumipa nitong Hulyo; mga konsumer nagbahagi ng tipid tips

ABS-CBN News
Posted at Aug 07 09:54 PM

Gulay ang nagtala ng pinakamataas na dagadag-presyo na mula 8.6 porsiyento noong Hunyo ay umakyat sa 16 porsiyento nitong Hulyo. Read more »

Espenilla: Bangko Sentral 'firm' in meeting inflation target

ABS-CBN News
Posted at Aug 07 09:52 AM

The Monetary Board will meet on Thursday. It raised its benchmark rate by 25 basis points twice this year, for a total of 50 points. Second quarter gross domestic product data are also due out on Thursday. Read more »

No ABS-CBN franchise if Duterte had his way

ABS-CBN News
Posted at Aug 04 12:32 AM

Duterte on Friday vowed to “never intervene” in ABS-CBN’s franchise renewal but said he will not hand it to the network if he had his way. Read more »

Bangko Sentral warns borrowers, lenders against 'Sangla ATM' scheme

ABS-CBN News
Posted at Aug 03 06:34 PM

The Bangko Sentral ng Pilipinas on Friday warned the public against the "Sangla ATM" scheme that uses ATM cards as loan collateral.   Read more »